Talbros forms EV battery materials and recycling joint venture

Talbros Automotive Components Limited (TACL) is expanding into the ESG-advantaged market of EV battery materials through a new joint venture (JV) with Lohum Cleantech Private Limited. This partnership, approved by TACL's board on November 13, 2025, will focus on producing recovered carbon black (rCB) and devulcanized rubber. The JV will launch India's first low-ash rCB and targets a market size of ~$1.8 bn for rCB and ~$3.5 bn for devulcanized rubber.

TACL will hold a 49% stake in the JV, with Lohum holding the remaining 51%. The initial equity funding for the first year is set at Rs. 20 crores, with TACL’s commitment amounting to ₹9.95 crores. Business operations are slated to commence from July 2026. This move aligns with TACL’s long-term vision for sustainable and technology-driven growth, leveraging Lohum's expertise in critical mineral refining and battery recycling.

In other board actions on November 13, 2025, TACL also approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. Additionally, the board declared an interim dividend of 10% (Rs.0.20p per equity share of face value of Rs. 2/-) for the financial year 2025-26, with the record date set for Thursday, November 20, 2025.